Welcome to our dedicated page for Federal Signal news (Ticker: FSS), a resource for investors and traders seeking the latest updates and insights on Federal Signal stock.
Federal Signal Corporation reports developments in environmental and safety solutions for municipal, governmental, industrial and commercial customers. The company operates through Environmental Solutions and Safety and Security Systems, with products that move material, clean infrastructure and protect communities, including street sweepers, sewer cleaners, vacuum and hydro-excavation trucks, water-blasting equipment, dump bodies, trailers, public-safety equipment and signaling and warning systems.
Company news commonly covers quarterly results, orders, backlog, cash generation, outlook updates, dividend actions and board composition. Completed acquisition activity includes Mega Corp., a manufacturer of specialty vehicles and equipment for global metal extraction and construction markets, which adds to Federal Signal's specialty vehicle platform.
Summary not available.
Summary not available.
On April 25, 2023, the Board of Directors of Federal Signal Corporation (NYSE: FSS) declared a quarterly cash dividend of $0.10 per share, marking an 11% increase from the previous quarter's dividend. The dividend is set to be paid on June 2, 2023 to stockholders who are on record as of May 19, 2023. Federal Signal, established in 1901 and headquartered in Oak Brook, Illinois, specializes in equipment manufacturing that supports municipal, governmental, industrial, and commercial sectors.
Federal Signal Corporation (NYSE: FSS) will announce its first quarter earnings before the market opens on May 2, 2023. The company will conduct an investor conference call and webcast at 10 a.m. Eastern Time on the same day, featuring Jennifer L. Sherman, president and CEO, and Ian A. Hudson, senior vice president and CFO. Investors can access the webcast on the company’s website, and a replay will be available shortly after.
Founded in 1901, Federal Signal is based in Oak Brook, Illinois, and specializes in environmental and safety solutions for municipal, governmental, and industrial sectors. With manufacturing facilities worldwide, the company operates in two segments: Environmental Solutions and Safety and Security Systems.
On April 3, 2023, Federal Signal Corporation (NYSE: FSS) announced the successful acquisition of substantially all assets and operations of Trackless Vehicles Limited, a leading manufacturer of municipal sidewalk tractors. This acquisition also includes Work Equipment Limited, the exclusive dealer for Trackless in Southwestern and Northern Ontario, Canada. The acquisition, first announced on February 23, 2023, is anticipated to be accretive to Federal Signal’s earnings in 2023. Founded in 1901, Federal Signal is a global leader in environmental and safety solutions, offering high-quality equipment and services for various sectors.
Federal Signal Corporation (NYSE:FSS) reported Q4 2022 net sales of $392 million, an increase of 30% year-over-year. Full-year net sales reached a record $1.43 billion, up 18%. GAAP EPS rose to $0.57 for Q4 and $1.97 for the year, reflecting increases of 78% and 21%, respectively. The company reported a record backlog of $879 million, driven by strong demand. 2023 guidance includes adjusted EPS between $2.15 and $2.40. Net cash generated was $39 million for Q4, supporting growth initiatives and dividends.
Federal Signal Corporation (NYSE: FSS) announced an agreement to acquire Trackless Vehicles Limited for C$54 million (approximately US$40 million), plus a potential C$6 million earn-out payment. Trackless, based in Courtland, Ontario, generated revenues of C$35 million in 2022 and specializes in municipal sidewalk tractors, particularly the MT Series 7 tractor. The acquisition is expected to enhance Federal Signal's municipal product offerings and expand the distribution of Trackless products in North America. Completion of the transaction is anticipated within 90 days and is expected to be accretive in 2023.
Federal Signal Corporation (NYSE: FSS) will announce its fourth quarter earnings on March 1, 2023, before the market opens. A conference call will follow at 10 a.m. Eastern Time, featuring CEO Jennifer L. Sherman and CFO Ian A. Hudson. Investors can access the call via a teleconference or a webcast on the company's website.
Founded in 1901, Federal Signal specializes in environmental and safety solutions for governmental and industrial customers. The company's operational segments include Environmental Solutions and Safety and Security Systems, boasting facilities worldwide.
The Board of Directors of Federal Signal Corporation (NYSE: FSS) has announced a quarterly cash dividend of $0.09 per share on its common stock. This dividend is payable on March 31, 2023, to stockholders of record as of March 17, 2023. Federal Signal, headquartered in Oak Brook, Ill., is recognized for its quality equipment that serves municipal, governmental, industrial, and commercial sectors. With over a century of experience, the company operates in two primary groups: Environmental Solutions and Safety and Security Systems.
On January 4, 2023, Federal Signal Corporation (NYSE: FSS) announced the completion of its acquisition of substantially all assets and operations of Blasters, Inc., a Tampa-based manufacturer of truck-mounted waterblasting equipment. Previously, the purchase agreement was disclosed on November 17, 2022. This acquisition strengthens Federal Signal's position in the environmental solutions market, enhancing its product offerings and expanding market reach.